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Author Topic: Why should people use Bitcoin?  (Read 122103 times)
pelipurlara
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January 04, 2018, 03:09:18 AM
 #3001

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



Because bitcoin does not discriminate. You can use it anywhere in the world, to send value almost instantly, almost for free. Transferring Bitcoin costs just a few cents and you can send as much value as you want
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lyndon30
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January 04, 2018, 04:04:38 AM
 #3002

People should use the bitcoin because now a days bitcoin is very fast and bitcoin payment network is an easier payment network, There will be no more complication, Bitcoin is the easiest way to earn more profit or money,  So, They are the payment future.
Iacomus
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January 04, 2018, 04:05:57 AM
 #3003

Because bitcoin network can make you rich. Also you can use it anywhere in the world, to make transaction or send value almost instantly. It is cheap. Bitcoin is yours only, they can't be blocked.
Restmand
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January 04, 2018, 04:09:11 AM
 #3004

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?


People should use a bitcoin because it is an advantaga. We know that the bitcoin is one of the cryptocurrency was made and it is numbrr one out of all cryptocurrency.ig people have this, it is an afvantage because it is a less hassle in tsrms of shopping.you don't need to go out of your house and ho shopping to the sm. Usd bitcoin and find inline market then it is finish
avi007
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January 04, 2018, 04:12:28 AM
 #3005

People should use bitcoin because:-

It’s fast, secure and global
Bitcoin is not subject to inflation
It provides financial freedom
It’s as private as we want it to be
Markzuckertion
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January 04, 2018, 04:16:17 AM
 #3006

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?


Bitcoin is better than paper money because it is the modern way of transaction. Bitcoin also become nice investment, its good for our retirement. We better to save bitcoin instead of paper money because the value is always decreasing.

gigatux
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January 04, 2018, 05:21:30 AM
 #3007

What we mean by that is bitcoin is made for the Internet-generation. We are quickly moving past the days of carrying around paper cash or pulling out your credit card. Bitcoin goes several steps further than the convenience of credit cards by equipping users with a payment option that is significantly lower in fees, provides virtually instantaneous transaction time, and is accessible through the dozens of bitcoin wallets. The bitcoin protocol does not require people to identify themselves in order to transact though some businesses may need to for compliances reasons. Unlike a bank where people often have one or two accounts, you can create as many bitcoin wallets as you like. The total number of bitcoins are capped at 21 million, which is different than other currencies. As the total number of dollars in circulation rises, this creates inflation. Inflation is where the value of your dollar for example, decreases over time due to an increasing supply. Bitcoin on the other hand is scarce and fungible, which gives it interesting properties. If you don’t have access to a bank account, you are part of the “unbanked.” Bitcoin can allow you to be your own bank. Bitcoin is simultaneously an open financial protocol and a currency required in order to transact freely on the protocol. Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated.  The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.

Raja_Salman
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January 04, 2018, 05:24:13 AM
 #3008

because it is more practical and once it is adopted as a method of payment in all types of business worldwide will be or is the only cryptocurrency that will be accepted in all countries of the world and also gives security and anonymity
but now when used for payment bitcoin has a large fee and the transaction to confirm must wait a long time. not like before when the price is still cheap. now the price is already high and there are still many problems regarding unconfirmed transactions
mariah.sadio
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January 04, 2018, 05:30:13 AM
 #3009

Yes. Bitcoin is the future of money because Bitcoin and other cryptocurrencies are digital currencies which means can be transacted, transferred and exchange through internet or online. Bank accounts can also be transacted online nowadays, so what more if they use Bitcoin. Bitcoin allows us to send and receive money online. In my own experience, I always use my Bitcoin in sending money to my loved ones, why? Because if we send Bitcoin, I already do not have to wait for long queues before I can send the money, it also offers us lower charging fee and faster transaction process. We can also pay our water, electric, telecommunications bills and other bills through Bitcoin as long as you have your internet. Bitcoin also gave me a privilege to earn money through itself, and through this forum by joining signature and social media campaigns. See. There are a lot of ways we must use Bitcoin. We can also invest our money through Bitcoin but be sure to manage it properly. Bitcoin helps us grow our money bigger. Because of Bitcoin, I also learned how to manage my money well, separating necessary and unnecessary needs to be bought.

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pombur
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January 04, 2018, 05:58:58 AM
 #3010

Given that to transfer money you only need the software installed on a computer or mobile phone, it does not matter where geographically are you and your partner in translation. Bitcoin is transmitted to any distance, anywhere in the world, with the same speed. Payment network bitcoin also has benefits and a number of payment systems because of anonymity and decentralization.
megalith07
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January 04, 2018, 06:15:19 AM
 #3011

My supposition is. Utilizing BTCs builds its predominance. The enthusiasm for it is developing among normal individuals and among government organizations. Expanded enthusiasm for this examination. The examination is to enhance specialized capability. In any case, the genuine innovation education is the specialized improvement and new advances. As of now there are a considerable measure of thoughts how to utilize blokchain in different fields.
zabjerr
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January 04, 2018, 06:41:10 AM
 #3012

everyone should be able to use bitcoin because it is a great help to every one of us because it can do business because you're here to know that if you can just shout around in the world to join the bitcoin case here we have some disbelievers
teejayrichard2
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January 04, 2018, 07:06:02 AM
 #3013

People should use bitcoin for numerous reasons ranging from transparency, decentralization, low transfer fees and speed.
Iacomus
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January 04, 2018, 07:06:18 AM
 #3014

why should people use bitcoin because it is easier to send and receive money around the world. also, you can make money in bitcoin
Malintha1996
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January 04, 2018, 07:09:22 AM
 #3015

It is obvious that bitcoin is going to be the future currency. Because its convenient to use bitcoin in trading. In addition to that the cost for a transaction is negligible.Moreover the security is very satisfying.With fiat currency corruption is a major problem which is not be in bitcoin.Transactions are done in a peer-to-peer method, without the need for a bank or third party to oversee it.More importantly bitcoin is global which allows us to use it anywhere in the world, to send value almost instantly, nearly for free. These are few reasons why people should use bitcoin.

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ASKoranteng
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January 04, 2018, 07:10:11 AM
 #3016

Bitcoin is not controlled by anyone and its the first and most accepted cryptocurrency. It is also accepted worldwide for all transactions and its price keeps soaring high. These are some of the reasons why i think people should use bitcoin.
cepedacharles29
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January 04, 2018, 07:13:04 AM
 #3017

People on the world nowaday still dont know much about bitcoin benefits, so i think they should know about the advantages of bitcoin like bitcoin has high value, easy to buy things and sell, we can do transactions in real life with ease, secure, and fast, no need paper or cards any more. it also can bring us a second income and rise our life better.
Theb
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January 04, 2018, 07:18:36 AM
 #3018

It is obvious that bitcoin is going to be the future currency. Because its convenient to use bitcoin in trading. In addition to that the cost for a transaction is negligible.Moreover the security is very satisfying.With fiat currency corruption is a major problem which is not be in bitcoin.Transactions are done in a peer-to-peer method, without the need for a bank or third party to oversee it.More importantly bitcoin is global which allows us to use it anywhere in the world, to send value almost instantly, nearly for free. These are few reasons why people should use bitcoin.
Yes in the future maybe Bitcoin will be a preferred payment method but looking at it right now it doesn't look appealing to become a payment method because of 2 things one is it has high network fees and second is that its transactions takes more time compared to paypal and credit cards. Also I don't like the fact that I will be shouldering extra expense because of sending money to other people. Right now it is only good for growing your money.

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January 04, 2018, 07:20:39 AM
 #3019

Bitcoin initial goals are a cheap and fast payment instrument and, of course, decentralization. Now it's a great investment and that's why people should buy it. I hope that after the implementation of Lightning Network, its basic features will return - transaction speed and low cost of transfers - then the price of Bitcoin will increase even more!

Why use Bitcoin in short - to kick banksters ass!  Grin Grin Grin
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January 04, 2018, 07:21:29 AM
 #3020

Bitcoin is fast. when you make a check payment from another bank to your bank, the bank often holds the money for several days, because the bank can not immediately believe that the fund actually exists. similarly, international wire transfers can take a relatively long time. but very different from bitcoin transactions using bitcoin much faster.
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